NOT LISTED FOR SALE

903 Fermer Rd Asheboro, NC 27203

Estimated Value: $133,000 - $205,000

2 Beds
1 Bath
1,050 Sq Ft
$153/Sq Ft Est. Value

Last Sold February 28, 2012

Last sale price $55,000 $52 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $940/month

392 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Cottage
  • Attic
  • No HOA
  • Porch

About This Home

As of February 2012

Nice 2 bedroom older home with replacement windows, gas heat & central air. Separate laundry room and large kitchen. Located on level corner lot with covered side porch, concrete drive, storage building with shed. Hardwoods in living room, hall and bedrooms. Wood heater in Livingroom to save on utilities. Well landscaped yard.

Last Agent to Sell the Property

Patsy Woodruff

RE/MAX Central Realty License #139179 Listed on: 01/03/2011

RE/MAX Central Realty

Last Buyer's Agent

Christopher Hudspeth

Lanier Real Estate Company License #264883

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $836

Year Built

  • Built in 1950

Lot Details

  • 0.34

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1,050 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • 1 Fireplace
  • Dishwasher
  • Dryer Hookup
  • Attic

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Driveway

Schools

  • South Asheboro Middle School
  • Asheboro High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Porch
  • 0.34 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 7642 / 38
  • Assessor Parcel Number 7750387642
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$836

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Directions: From Albemarle Road, turn on Uwharrie Street. TL on Fermer. House on left. Driveway is on Robbins street.
  • Above Grade Finished Sq Ft: 1050
  • Architectural Style: Cottage
  • Unit Levels: One
  • Year Built: 1950
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1050
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Water Heater
  • Flooring: Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Living Area: 1050
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: City Lot
  • Construction Type: Vinyl Siding
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway, No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Donna Lee Loflin
  • High School: Asheboro
  • Middle Or Junior School: South Asheboro

Lot Info

  • Parcel #: 7750387642
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 835.95
  • Tax Block: 38
  • Tax Lot: 7642
  • Tax Map Number: 7750
  • Tax Year: 2010
  • TRIADMLS_TaxRate: 1.275

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2011
Closed on
Feb 28, 2012
Sold by
Trogdon E Wayne and Fisher Janet C
Bought by
Propes Joy Floyd
Seller's Agent
Patsy Woodruff
RE/MAX Central Realty
Buyer's Agent
Christopher Hudspeth
Lanier Real Estate Company
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%
Current Estimated Value
$160,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,534
Avg. Annual Appreciation
8.09%
Original Mortgage
$44,000
Outstanding Balance
$30,173
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$130,361
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Propes Joy Floyd $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Propes Joy Floyd $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2012 02/28/12 Sold $55,000 -8.2% $52 / Sq Ft
01/31/2012 01/31/12 Pending -- -- --
01/03/2011 01/03/11 For Sale $59,900 -- $57 / Sq Ft
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,143 $86,230 $25,530 $60,700
2024 $1,143 $86,230 $25,530 $60,700
2023 $1,143 $86,230 $25,530 $60,700
2022 $874 $60,650 $19,320 $41,330
2021 $874 $60,650 $19,320 $41,330
2020 $874 $60,650 $19,320 $41,330
2019 $874 $60,650 $19,320 $41,330
2018 $815 $55,530 $20,480 $35,050
2016 $815 $55,532 $20,480 $35,052
2015 $816 $55,532 $20,480 $35,052
2014 -- $55,532 $20,480 $35,052
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 600124

Triad MLS

APN: 7750-38-7642